Lilium N.V (LILM) Prices Upsized $192 Million Financing
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Go back to Lilium N.V (LILM) Prices Upsized $192 Million Financing
July 14, 2023 10:27 AM EDT
German aerospace company, Lilium (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing jet, announced Friday a $192 million financing.
The financing includes an upsized underwritten public offering of $75 million, which involves the pricing of 57,692,308 Class A ordinary shares of the company. Secondly, there is a... More
July 13, 2023 4:47 PM EDT
Lilium N.V. (Nasdaq: LILM) announced today that it has launched an underwritten public offering of the Company's Class A ordinary shares (the Shares), as well as a concurrent private placement offering of Shares and warrants to purchase Shares led by Earlybird Venture Capital and including BIT Capital, UVC Partners and Frank Thelen, as well as multiple Lilium Board members and senior executives (the PIPE). In addition, pursuant to the purchase agreement dated May 1, 2023 between the Company and Aceville Pte. Limited, an affiliate of Tencent Holdings Limited (Aceville), Aceville will fund an additional $75.0 million to partially... More
